Namdar Realty Acquires 165,450 SF Retail Center in Northeast Ohio

AKRON/TALLMADGE, OHIO — Namdar Realty Group has acquired Midway Plaza Shopping Center, a 165,450-square-foot retail property in Ohio, for $1.2 million. A private investment partnership sold the center, which is located on the Akron/Tallmadge city line. The single-story property is situated on an 18.8-acre site. Current tenants at Midway Plaza include Rent-A-Center, Petra Middle Eastern Foods supermarket, Save-A-Lot, A & A Beauty Supply, Doll House, Liberty Tax Service, Appliance Mart Parts & Repair and Goodwill. Joel J. Gorjian represented Namdar in the transaction.